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Consider the STATA output below, in which the outcome variable is wage (rate of pay in dollars per hour) and the independent

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Answer #1

Que.

If we add more independent variables to the model then R-squared and Adjusted R-squared would increase.

Because new added variable explain some more variability in the dependent variable wage.

Que.15

About 15%

Because, coefficient of determination = R2 = 0.148 = 0.15

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